Reuters: Hot Stocks: Australia shares close at 19-mth high

Reuters: Hot Stocks Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Australia shares close at 19-mth high Dec 28th 2012, 05:19 Fri Dec 28, 2012 12:19am EST MELBOURNE Dec 28 (Reuters) - Australian shares rode iron ore stocks up to finish at a 19-month high on Friday, with a recovery in battered mining shares driving the market to its strongest annual gain since 2009. The benchmark S&P/ASX 200 index rose 23.3 points to close at 4,671.3, according to the latest data, its highest close since June 2, 2011. The benchmark is on track to post gains of around 15 percent for the year, its biggest rise since a 31 percent recovery in 2009 after the 2008 slump. New Zealand's benchmark NZX 50 index rose 0.4 percent to finish at 4,080.9.

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